{"success":true,"data":{"pressRelease":{"id":"69694","rtpr_id":"nBwq5h2Ka","ticker":"SBMT","exchange":"NYSE American","all_tickers":["SBMT"],"title":"Silver Bow Mining Reports Initial Assay Results From Drill Program","author":"Business Wire","published_at":"2026-06-22T12:30:00.309Z","article_body":"Silver Bow Mining Reports Initial Assay Results From Drill Program\n\nSilver Bow Mining's First Drill Results Confirm Significant Critical Minerals\nEnrichment and Vein Extensions Well Beyond Current Inferred Mineral Resource\nEstimate\n\nSilver Bow Mining Corp. (NYSE American: SBMT) (“Silver Bow Mining” or the\n“Company”) announced today the assay results from the first two drill\nholes of its 25,000-foot surface diamond drilling program at the Rainbow Block\nProject in Butte, Montana.\n\nThis press release features multimedia. View the full release here:\nhttps://www.businesswire.com/news/home/20260622167188/en/\n(https://www.businesswire.com/news/home/20260622167188/en/)\n\nFigure 1. Map and inset of drill hole traces of SBM26-01 and SBM26-02 with\nsurface projections of modeled veins and the inferred Mineral Resource\nEstimate.\n\nDrill holes SBM26-01 and SBM26-02 comprise approximately 2,065 feet of diamond\ncore drilling conducted above the water table. The results represent\nsignificant step outs from the existing inferred Mineral Resource Estimate as\ndetailed in the Company’s S-K 1300 Technical Report Summary released May\n2025 and updated February 2026. Drill hole SBM26-01 intersected mineralization\nfrom 640 to 1,980 feet beyond the current inferred Resource boundary along\nstrike, while SBM26-02 extended from 930 to 2,270 feet beyond the boundary.\nMultiple veins intercepted in both holes lie entirely outside the current\ninferred Mineral Resource Estimate footprint, and in some cases, represent new\nveins which were previously unknown.\n\nHighlights\n\nTable 1. Imperial unit drill intercept summary showing the distance along\nstrike to the nearest inferred Mineral Resource Estimate boundary on each\nvein. N/A indicates a previously unknown vein; opt = troy ounces per ton.\n Hole      Vein Name        From    To      Interval  Ag     Au     Zn     Pb    In     Distance     \n                            ft      ft      ft        opt    opt    %      %     ppm    to MRE (ft)  \n PRECIOUS METAL ENRICHED INTERVALS                                                                   \n SBM26-01  Silver City      24.0    31.0    7.0       16.10  0.012  0.11   0.79  0.07   N/A          \n SBM26-01  Edith May        696.5   702.0   5.5       11.00  0.025  3.67   1.78  0.08   640          \n SBM26-02  Auraria          477.8   479.8   2.0       10.88  0.011  0.22   0.15  0.03   2,270        \n SBM26-01  Auraria          382.9   385.9   3.0       8.30   0.01   0.67   0.31  0.04   1,980        \n SBM26-02  Unnamed          237.2   241.0   3.8       7.85   0.007  1.27   0.48  0.02   N/A          \n SBM26-02  Edith May        421.4   425.1   3.7       3.30   0.015  0.01   0.02  0.04   930          \n BASE METAL ENRICHED INTERVALS                                                                       \n SBM26-01  Badger           829.8   841.7   11.9      3.00   0.007  11.23  4.84  9.38   1,175        \n SBM26-02  Badger           695.7   699.5   3.8       1.58   0.027  7.90   1.00  86.7   1,590        \n SBM26-01  Unnamed          1109.2  1111.7  2.5       0.35   0.001  5.32   0.78  14.9   N/A          \n SBM26-01  Unnamed          909.0   915.2   6.2       2.90   0.007  3.78   1.73  1.61   N/A          \n SBM26-02  North Edith May  517.1   519.6   2.5       1.25   0.006  3.54   1.61  0.24   955          \n SBM26-01  North Badger     934.0   949.0   15.0      3.60   0.011  2.13   0.98  1.55   N/A          \n SBM26-02  Unnamed          742.5   745.0   2.5       5.13   0.019  0.07   0.05  0.203  N/A          \n\n\nTable 2. Metric unit drill intercept summary showing the distance along strike\nto the nearest inferred Mineral Resource Estimate boundary on each vein. N/A\nindicates a previously unknown vein; g/t = grams per metric tonne.\n Hole      Vein Name        From   To     Interval  Ag     Au     Zn     Pb    In     Distance    \n                            m      m      m         g/t    g/t    %      %     ppm    to MRE (m)  \n PRECIOUS METAL ENRICHED INTERVALS                                                                \n SBM26-01  Silver City      7.3    9.5    2.2       552.0  0.411  0.11   0.79  0.07   N/A         \n SBM26-01  Edith May        212.3  214.0  1.7       377.2  0.857  3.67   1.78  0.08   195.1       \n SBM26-02  Auraria          145.6  146.2  0.6       373.0  0.377  0.22   0.15  0.03   691.9       \n SBM26-01  Auraria          116.7  117.6  0.9       284.6  0.343  0.67   0.31  0.04   603.5       \n SBM26-02  Unnamed          72.3   73.5   1.2       269.2  0.24   1.27   0.48  0.02   N/A         \n SBM26-02  Edith May        128.4  129.6  1.2       113.1  0.514  0.01   0.02  0.04   283.5       \n BASE METAL ENRICHED INTERVALS                                                                    \n SBM26-01  Badger           252.9  256.6  3.7       102.9  0.24   11.23  4.84  9.38   358.1       \n SBM26-02  Badger           212.1  213.2  1.1       54.2   0.926  7.9    1.00  86.7   484.6       \n SBM26-01  Unnamed          338.1  338.9  0.8       12.0   0.034  5.32   0.78  14.9   N/A         \n SBM26-01  Unnamed          277.1  279.0  1.9       99.4   0.24   3.78   1.73  1.61   N/A         \n SBM26-02  North Edith May  157.6  158.4  0.8       42.9   0.206  3.54   1.61  0.24   291.1       \n SBM26-01  North Badger     284.7  289.3  4.6       123.4  0.377  2.13   0.98  1.55   N/A         \n SBM26-02  Unnamed          226.3  227.1  0.8       175.9  0.651  0.07   0.05  0.203  N/A         \n\n\nAll the reported metals are U.S. government-designated Critical Minerals.\nSilver, zinc, indium, and lead are featured on the USGS Critical Minerals\nlist, while gold has been designated a Critical Mineral via presidential\nExecutive Order. True widths are estimated at 53-73% of the reported interval\nwidths in SBM26-01 and 60-80% of the reported interval widths in SBM26-02. The\nresults represent intervals greater than the cutoff grade used to calculate\nthe inferred Mineral Resource Estimate in the Company’s S-K 1300 Technical\nReport Summary released May 2025 and updated February 2026.\n\n\"The results from SBM26-01 and SBM26-02 strongly validate our geological model\nfor the Rainbow Block vein system,\" said Phillip Nickerson, Vice President of\nExploration. \"Our targeting combines our geologic team’s analysis of over\n100 years of historical data with proprietary AI optimization technology from\nMaterial Difference to target maximum resource addition per foot of drilling.\nThe holes successfully intercepted multiple modeled veins well outside our\ncurrent inferred Mineral Resource Estimate, with grades exceeding those of our\ninferred Mineral Resource Estimate (11.48M tons @ 4.28 oz/ton Ag, 0.05 oz/ton\nAu, 1.25% Pb, and 4.59% Zn\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.newsfilecorp.com%2Frelease%2F257364%2FSilver-Bow-Mining-Corp.-Announces-Inaugural-Mineral-Resource-Estimate-on-the-Rainbow-Block-Butte-Mining-District-Montana&esheet=54557173&newsitemid=20260622167188&lan=en-US&anchor=11.48M+tons+%40+4.28+oz%2Fton+Ag%2C+0.05+oz%2Fton+Au%2C+1.25%25+Pb%2C+and+4.59%25+Zn&index=1&md5=4268139241dcf1d9fca6354eac5a7ff9)\n). Notable intercepts include 7.0 feet grading 16.1 oz/t silver in the Silver\nCity Vein, 11.9 feet of 11.23% zinc with 9.38 ppm indium in the Badger Vein,\nand 3.8 feet of 7.9% Zn and 86.7 ppm indium also in the Badger Vein. These\nresults demonstrate strong precious and base metal enrichment, with indium\nwhich potentially adds significant technical and economic upside to the\nproject.\"\n\nTravis Naugle, Chairman and CEO, stated: “We believe that these strong\nresults represent a major validation of our geological model and significantly\nde-risk our expansion strategy at the Rainbow Block. These intercepts not only\nconfirm the lateral extension of multiple modeled veins well beyond the\ncurrent inferred Mineral Resource Estimate but also identify previously\nunmodeled veins. Importantly, these results highlight the substantial\npotential to grow our domestic supply of U.S. Government-designated Critical\nMinerals - silver, zinc, lead, indium, and others essential for\nsemiconductors, photovoltaics, and defense. Buoyed by these early successes,\nwe have immediately mobilized two additional surface diamond drill rigs to\naccelerate resource expansion along strike.”\n\nThese results represent the first set of assays received from the ongoing\nsurface drill campaign. The Company intends to provide regular updates as\nfurther drill hole assay results become available.\n\nThe Company’s 25,000-foot drilling campaign is expected to continue through\n2026 and is regulated by the Montana Department of Environmental Quality\npursuant to Exploration License No. 00857.\n\nTable 3. Drill hole orientation and collar location. Coordinates are in WGS84\nUTM 12N.\n Hole ID   Azimuth  Inclination  Easting  Northing   Elevation (ft)  Length (ft)  \n SBM26-01  003      -51          381,857  5,098,519  6,330           1,164        \n SBM26-02  055      -45          381,854  5,098,520  6,330           905          \n\n\nTechnical Information\n\nAll drilling and sampling were conducted under the supervision of qualified\npersonnel. Samples were submitted to ALS Global in Elko, NV, an independent\nanalytical laboratory, and analyzed using standard industry methods. Quality\nassurance and quality control procedures include the insertion of blanks,\nstandards, and duplicates at regular intervals.\n\nQualified Person\n\nThe scientific and technical information contained in this news release has\nbeen reviewed and approved by Phillip Nickerson, PhD, CPG, Vice President of\nExploration of Silver Bow Mining Corp., who is a “qualified person” within\nthe meaning of National Instrument 43-101 – Standards of Disclosure for\nMineral Projects. Dr. Nickerson has verified the data disclosed, including the\nsampling, analytic and test data underlying the disclosure, through visits to\ndrill sites, oversight of sample preparation protocols and review of the QA/QC\nprocedures applied to analytical results received from ALS Global. No\nlimitations or failures to verify were identified that could materially affect\nthe results.\n\nAbout Silver Bow Mining Corp.\n\nSilver Bow Mining Corp. is a minerals exploration company advancing the Butte\nMining District of Montana, targeting a broad suite of U.S.-designated\nCritical Minerals - including silver, copper, zinc, lead, manganese,\ngermanium, gallium, antimony, bismuth, and indium - alongside gold. The\nCompany holds approximately 4,193 acres of patented mineral claims and\napproximately 1,410 acres of surface lands across multiple claim blocks in\nthis historically prolific district, including the flagship Rainbow Block.\n\nForward-Looking Statements\n\nThis news release contains forward-looking statements within the meaning of\nthe U.S. Securities Act of 1933, as amended, the U.S. Securities Exchange Act\nof 1934, as amended, and forward-looking information within the meaning of\napplicable Canadian securities laws. All statements, other than statements of\nhistorical fact, included in this news release that address activities, events\nor developments that we expect or anticipate will or may occur in the future\nare forward-looking statements and forward-looking information. These\nforward-looking statements and forward-looking information include, but are\nnot limited to statements regarding the Company’s exploration plans and\nactivities at the Rainbow Block Project; the ongoing 25,000-foot surface\ndrilling program the timing, scope and results of future drilling and assay\nresults; additional drill rig mobilization and increased drilling capacity;\ngeological modeling, interpretation and continuity of mineralized vein\nsystems; the potential for resource expansion, including along strike, at\ndepth and above the water table, and to increase or update the Company’s\nMineral Resource Estimate; the Company’s continued exploration activities\ntargeting U.S.-designated Critical Minerals, including the presence, grade,\ncontinuity, recoverability and economic significance of silver, zinc, lead,\nindium, gold and other U.S.-designated Critical Minerals; the potential\ntechnical or economic upside of the project; and expectations regarding future\npermitting, regulatory approvals, and project advancement; and the Company’s\nability to raise capital and continue its exploration activities.\n\nWhen used in this news release or elsewhere, the words such as\n“anticipate,” “believe,” “estimate,” “expect,” “intend,”\n“may,” “plan,” “potential,” “project,” “target,”\n“will,” “could,” “should,” and similar expressions, or statements\nthat certain actions, events or results “may,” “could,” “would,”\n“should,” “might” or “will” occur or be achieved, often, but not\nalways, identify forward-looking statements and forward-looking information.\nThese statements are based on the Company’s current expectations, estimates,\nassumptions and beliefs as of the date of this news release, including\nassumptions regarding the availability of personnel, equipment, permits,\nservices and financing; the accuracy of geological models and historical data;\nthe reliability of sampling, analytical and quality assurance/quality control\nprocedures; continuity of mineralization; commodity prices; regulatory\nrequirements; and general business, market and economic conditions.\n\nThese statements involve known and unknown risks, uncertainties and other\nfactors that may cause actual results, performance or achievements of the\nCompany to differ materially from those expressed or implied by such\nstatements. Such factors include, among others, uncertainty of resource\nestimates, risks that exploration activities may not result in the definition\nof mineral resources or support further technical or economic studies; risks\nthat drilling, sampling, metallurgical testing or geological interpretations\nmay not produce the results currently anticipated by management; uncertainty\nregarding the presence, grade, continuity, recoverability or economic\nsignificance of critical minerals, including critical minerals such as copper,\nmanganese, germanium, gallium, indium, antimony and bismuth; uncertainty as to\nthe Company’s future capital costs, operating costs, non-operating costs,\nand ability to raise capital on terms acceptable to the Company or at all;\nrisks relating to the Company’s exploration activities in Butte, Montana;\nrisks related to the Company’s mineral claims, including the validity, title\nand maintenance of mineral claims and property rights; risks relating to cost\nincreases for capital and operating costs; risks of shortages and fluctuating\ncosts of equipment or supplies, labor and services; risks relating to\nfluctuations in the price of commodities and market conditions; risks in\nobtaining maintaining or amending permits, licenses and future permitting and\nregulatory approvals, including matters relating to Exploration License No.\n00857; risks of delays resulting in timelines disclosed in this news release\nnot being met; risks relating to reliance on key personnel and third-party\ncontractors and consultants; the risk that the Rainbow Block project may not\nadvance beyond the exploration stage or be developed into a commercially\nviable mining operation; the inherently hazardous nature of mining-related\nactivities and other operational and environmental risks inherent in mineral\nexploration and mining-related activities.\n\nAdditional risk factors are discussed under the headings “Forward-Looking\nStatements” and “Risk Factors” in the Company’s Registration Statement\non Form S-1, as amended, filed with the U.S. Securities and Exchange\nCommission on April 24, 2026, the Company’s Canadian prospectus dated April\n29, 2026 filed on SEDAR+, and in other documents filed by the Company with the\nU.S. Securities and Exchange Commission and Canadian securities regulatory\nauthorities. Although the Company has attempted to identify important factors\nthat could cause actual results to differ materially from those described in\nforward-looking statements and forward-looking information, there may be other\nfactors that cause results not to be as anticipated, estimated or intended.\nReaders are cautioned not to place undue reliance on forward-looking\nstatements and forward-looking information, which speak only as of the date of\nthis news release. Except as required by applicable law, the Company\nundertakes no obligation to update or revise any forward-looking statements or\nforward-looking information, whether as a result of new information, future\nevents or otherwise.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260622167188/en/\n(https://www.businesswire.com/news/home/20260622167188/en/)\n\nInvestor Relations\n\nSilver Bow Mining Corp.\n\nEmail: ir@silverbowmining.com (mailto:ir@silverbowmining.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBwq5h2Ka","title":"Silver Bow Mining Reports Initial Assay Results From Drill Program","author":"Business Wire","ticker":"SBMT","created":"2026-06-22T12:30:00.309Z","tickers":["SBMT"],"exchange":"NYSE American","article_body":"Silver Bow Mining Reports Initial Assay Results From Drill Program\n\nSilver Bow Mining's First Drill Results Confirm Significant Critical Minerals\nEnrichment and Vein Extensions Well Beyond Current Inferred Mineral Resource\nEstimate\n\nSilver Bow Mining Corp. (NYSE American: SBMT) (“Silver Bow Mining” or the\n“Company”) announced today the assay results from the first two drill\nholes of its 25,000-foot surface diamond drilling program at the Rainbow Block\nProject in Butte, Montana.\n\nThis press release features multimedia. View the full release here:\nhttps://www.businesswire.com/news/home/20260622167188/en/\n(https://www.businesswire.com/news/home/20260622167188/en/)\n\nFigure 1. Map and inset of drill hole traces of SBM26-01 and SBM26-02 with\nsurface projections of modeled veins and the inferred Mineral Resource\nEstimate.\n\nDrill holes SBM26-01 and SBM26-02 comprise approximately 2,065 feet of diamond\ncore drilling conducted above the water table. The results represent\nsignificant step outs from the existing inferred Mineral Resource Estimate as\ndetailed in the Company’s S-K 1300 Technical Report Summary released May\n2025 and updated February 2026. Drill hole SBM26-01 intersected mineralization\nfrom 640 to 1,980 feet beyond the current inferred Resource boundary along\nstrike, while SBM26-02 extended from 930 to 2,270 feet beyond the boundary.\nMultiple veins intercepted in both holes lie entirely outside the current\ninferred Mineral Resource Estimate footprint, and in some cases, represent new\nveins which were previously unknown.\n\nHighlights\n\nTable 1. Imperial unit drill intercept summary showing the distance along\nstrike to the nearest inferred Mineral Resource Estimate boundary on each\nvein. N/A indicates a previously unknown vein; opt = troy ounces per ton.\n Hole      Vein Name        From    To      Interval  Ag     Au     Zn     Pb    In     Distance     \n                            ft      ft      ft        opt    opt    %      %     ppm    to MRE (ft)  \n PRECIOUS METAL ENRICHED INTERVALS                                                                   \n SBM26-01  Silver City      24.0    31.0    7.0       16.10  0.012  0.11   0.79  0.07   N/A          \n SBM26-01  Edith May        696.5   702.0   5.5       11.00  0.025  3.67   1.78  0.08   640          \n SBM26-02  Auraria          477.8   479.8   2.0       10.88  0.011  0.22   0.15  0.03   2,270        \n SBM26-01  Auraria          382.9   385.9   3.0       8.30   0.01   0.67   0.31  0.04   1,980        \n SBM26-02  Unnamed          237.2   241.0   3.8       7.85   0.007  1.27   0.48  0.02   N/A          \n SBM26-02  Edith May        421.4   425.1   3.7       3.30   0.015  0.01   0.02  0.04   930          \n BASE METAL ENRICHED INTERVALS                                                                       \n SBM26-01  Badger           829.8   841.7   11.9      3.00   0.007  11.23  4.84  9.38   1,175        \n SBM26-02  Badger           695.7   699.5   3.8       1.58   0.027  7.90   1.00  86.7   1,590        \n SBM26-01  Unnamed          1109.2  1111.7  2.5       0.35   0.001  5.32   0.78  14.9   N/A          \n SBM26-01  Unnamed          909.0   915.2   6.2       2.90   0.007  3.78   1.73  1.61   N/A          \n SBM26-02  North Edith May  517.1   519.6   2.5       1.25   0.006  3.54   1.61  0.24   955          \n SBM26-01  North Badger     934.0   949.0   15.0      3.60   0.011  2.13   0.98  1.55   N/A          \n SBM26-02  Unnamed          742.5   745.0   2.5       5.13   0.019  0.07   0.05  0.203  N/A          \n\n\nTable 2. Metric unit drill intercept summary showing the distance along strike\nto the nearest inferred Mineral Resource Estimate boundary on each vein. N/A\nindicates a previously unknown vein; g/t = grams per metric tonne.\n Hole      Vein Name        From   To     Interval  Ag     Au     Zn     Pb    In     Distance    \n                            m      m      m         g/t    g/t    %      %     ppm    to MRE (m)  \n PRECIOUS METAL ENRICHED INTERVALS                                                                \n SBM26-01  Silver City      7.3    9.5    2.2       552.0  0.411  0.11   0.79  0.07   N/A         \n SBM26-01  Edith May        212.3  214.0  1.7       377.2  0.857  3.67   1.78  0.08   195.1       \n SBM26-02  Auraria          145.6  146.2  0.6       373.0  0.377  0.22   0.15  0.03   691.9       \n SBM26-01  Auraria          116.7  117.6  0.9       284.6  0.343  0.67   0.31  0.04   603.5       \n SBM26-02  Unnamed          72.3   73.5   1.2       269.2  0.24   1.27   0.48  0.02   N/A         \n SBM26-02  Edith May        128.4  129.6  1.2       113.1  0.514  0.01   0.02  0.04   283.5       \n BASE METAL ENRICHED INTERVALS                                                                    \n SBM26-01  Badger           252.9  256.6  3.7       102.9  0.24   11.23  4.84  9.38   358.1       \n SBM26-02  Badger           212.1  213.2  1.1       54.2   0.926  7.9    1.00  86.7   484.6       \n SBM26-01  Unnamed          338.1  338.9  0.8       12.0   0.034  5.32   0.78  14.9   N/A         \n SBM26-01  Unnamed          277.1  279.0  1.9       99.4   0.24   3.78   1.73  1.61   N/A         \n SBM26-02  North Edith May  157.6  158.4  0.8       42.9   0.206  3.54   1.61  0.24   291.1       \n SBM26-01  North Badger     284.7  289.3  4.6       123.4  0.377  2.13   0.98  1.55   N/A         \n SBM26-02  Unnamed          226.3  227.1  0.8       175.9  0.651  0.07   0.05  0.203  N/A         \n\n\nAll the reported metals are U.S. government-designated Critical Minerals.\nSilver, zinc, indium, and lead are featured on the USGS Critical Minerals\nlist, while gold has been designated a Critical Mineral via presidential\nExecutive Order. True widths are estimated at 53-73% of the reported interval\nwidths in SBM26-01 and 60-80% of the reported interval widths in SBM26-02. The\nresults represent intervals greater than the cutoff grade used to calculate\nthe inferred Mineral Resource Estimate in the Company’s S-K 1300 Technical\nReport Summary released May 2025 and updated February 2026.\n\n\"The results from SBM26-01 and SBM26-02 strongly validate our geological model\nfor the Rainbow Block vein system,\" said Phillip Nickerson, Vice President of\nExploration. \"Our targeting combines our geologic team’s analysis of over\n100 years of historical data with proprietary AI optimization technology from\nMaterial Difference to target maximum resource addition per foot of drilling.\nThe holes successfully intercepted multiple modeled veins well outside our\ncurrent inferred Mineral Resource Estimate, with grades exceeding those of our\ninferred Mineral Resource Estimate (11.48M tons @ 4.28 oz/ton Ag, 0.05 oz/ton\nAu, 1.25% Pb, and 4.59% Zn\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.newsfilecorp.com%2Frelease%2F257364%2FSilver-Bow-Mining-Corp.-Announces-Inaugural-Mineral-Resource-Estimate-on-the-Rainbow-Block-Butte-Mining-District-Montana&esheet=54557173&newsitemid=20260622167188&lan=en-US&anchor=11.48M+tons+%40+4.28+oz%2Fton+Ag%2C+0.05+oz%2Fton+Au%2C+1.25%25+Pb%2C+and+4.59%25+Zn&index=1&md5=4268139241dcf1d9fca6354eac5a7ff9)\n). Notable intercepts include 7.0 feet grading 16.1 oz/t silver in the Silver\nCity Vein, 11.9 feet of 11.23% zinc with 9.38 ppm indium in the Badger Vein,\nand 3.8 feet of 7.9% Zn and 86.7 ppm indium also in the Badger Vein. These\nresults demonstrate strong precious and base metal enrichment, with indium\nwhich potentially adds significant technical and economic upside to the\nproject.\"\n\nTravis Naugle, Chairman and CEO, stated: “We believe that these strong\nresults represent a major validation of our geological model and significantly\nde-risk our expansion strategy at the Rainbow Block. These intercepts not only\nconfirm the lateral extension of multiple modeled veins well beyond the\ncurrent inferred Mineral Resource Estimate but also identify previously\nunmodeled veins. Importantly, these results highlight the substantial\npotential to grow our domestic supply of U.S. Government-designated Critical\nMinerals - silver, zinc, lead, indium, and others essential for\nsemiconductors, photovoltaics, and defense. Buoyed by these early successes,\nwe have immediately mobilized two additional surface diamond drill rigs to\naccelerate resource expansion along strike.”\n\nThese results represent the first set of assays received from the ongoing\nsurface drill campaign. The Company intends to provide regular updates as\nfurther drill hole assay results become available.\n\nThe Company’s 25,000-foot drilling campaign is expected to continue through\n2026 and is regulated by the Montana Department of Environmental Quality\npursuant to Exploration License No. 00857.\n\nTable 3. Drill hole orientation and collar location. Coordinates are in WGS84\nUTM 12N.\n Hole ID   Azimuth  Inclination  Easting  Northing   Elevation (ft)  Length (ft)  \n SBM26-01  003      -51          381,857  5,098,519  6,330           1,164        \n SBM26-02  055      -45          381,854  5,098,520  6,330           905          \n\n\nTechnical Information\n\nAll drilling and sampling were conducted under the supervision of qualified\npersonnel. Samples were submitted to ALS Global in Elko, NV, an independent\nanalytical laboratory, and analyzed using standard industry methods. Quality\nassurance and quality control procedures include the insertion of blanks,\nstandards, and duplicates at regular intervals.\n\nQualified Person\n\nThe scientific and technical information contained in this news release has\nbeen reviewed and approved by Phillip Nickerson, PhD, CPG, Vice President of\nExploration of Silver Bow Mining Corp., who is a “qualified person” within\nthe meaning of National Instrument 43-101 – Standards of Disclosure for\nMineral Projects. Dr. Nickerson has verified the data disclosed, including the\nsampling, analytic and test data underlying the disclosure, through visits to\ndrill sites, oversight of sample preparation protocols and review of the QA/QC\nprocedures applied to analytical results received from ALS Global. No\nlimitations or failures to verify were identified that could materially affect\nthe results.\n\nAbout Silver Bow Mining Corp.\n\nSilver Bow Mining Corp. is a minerals exploration company advancing the Butte\nMining District of Montana, targeting a broad suite of U.S.-designated\nCritical Minerals - including silver, copper, zinc, lead, manganese,\ngermanium, gallium, antimony, bismuth, and indium - alongside gold. The\nCompany holds approximately 4,193 acres of patented mineral claims and\napproximately 1,410 acres of surface lands across multiple claim blocks in\nthis historically prolific district, including the flagship Rainbow Block.\n\nForward-Looking Statements\n\nThis news release contains forward-looking statements within the meaning of\nthe U.S. Securities Act of 1933, as amended, the U.S. Securities Exchange Act\nof 1934, as amended, and forward-looking information within the meaning of\napplicable Canadian securities laws. All statements, other than statements of\nhistorical fact, included in this news release that address activities, events\nor developments that we expect or anticipate will or may occur in the future\nare forward-looking statements and forward-looking information. These\nforward-looking statements and forward-looking information include, but are\nnot limited to statements regarding the Company’s exploration plans and\nactivities at the Rainbow Block Project; the ongoing 25,000-foot surface\ndrilling program the timing, scope and results of future drilling and assay\nresults; additional drill rig mobilization and increased drilling capacity;\ngeological modeling, interpretation and continuity of mineralized vein\nsystems; the potential for resource expansion, including along strike, at\ndepth and above the water table, and to increase or update the Company’s\nMineral Resource Estimate; the Company’s continued exploration activities\ntargeting U.S.-designated Critical Minerals, including the presence, grade,\ncontinuity, recoverability and economic significance of silver, zinc, lead,\nindium, gold and other U.S.-designated Critical Minerals; the potential\ntechnical or economic upside of the project; and expectations regarding future\npermitting, regulatory approvals, and project advancement; and the Company’s\nability to raise capital and continue its exploration activities.\n\nWhen used in this news release or elsewhere, the words such as\n“anticipate,” “believe,” “estimate,” “expect,” “intend,”\n“may,” “plan,” “potential,” “project,” “target,”\n“will,” “could,” “should,” and similar expressions, or statements\nthat certain actions, events or results “may,” “could,” “would,”\n“should,” “might” or “will” occur or be achieved, often, but not\nalways, identify forward-looking statements and forward-looking information.\nThese statements are based on the Company’s current expectations, estimates,\nassumptions and beliefs as of the date of this news release, including\nassumptions regarding the availability of personnel, equipment, permits,\nservices and financing; the accuracy of geological models and historical data;\nthe reliability of sampling, analytical and quality assurance/quality control\nprocedures; continuity of mineralization; commodity prices; regulatory\nrequirements; and general business, market and economic conditions.\n\nThese statements involve known and unknown risks, uncertainties and other\nfactors that may cause actual results, performance or achievements of the\nCompany to differ materially from those expressed or implied by such\nstatements. Such factors include, among others, uncertainty of resource\nestimates, risks that exploration activities may not result in the definition\nof mineral resources or support further technical or economic studies; risks\nthat drilling, sampling, metallurgical testing or geological interpretations\nmay not produce the results currently anticipated by management; uncertainty\nregarding the presence, grade, continuity, recoverability or economic\nsignificance of critical minerals, including critical minerals such as copper,\nmanganese, germanium, gallium, indium, antimony and bismuth; uncertainty as to\nthe Company’s future capital costs, operating costs, non-operating costs,\nand ability to raise capital on terms acceptable to the Company or at all;\nrisks relating to the Company’s exploration activities in Butte, Montana;\nrisks related to the Company’s mineral claims, including the validity, title\nand maintenance of mineral claims and property rights; risks relating to cost\nincreases for capital and operating costs; risks of shortages and fluctuating\ncosts of equipment or supplies, labor and services; risks relating to\nfluctuations in the price of commodities and market conditions; risks in\nobtaining maintaining or amending permits, licenses and future permitting and\nregulatory approvals, including matters relating to Exploration License No.\n00857; risks of delays resulting in timelines disclosed in this news release\nnot being met; risks relating to reliance on key personnel and third-party\ncontractors and consultants; the risk that the Rainbow Block project may not\nadvance beyond the exploration stage or be developed into a commercially\nviable mining operation; the inherently hazardous nature of mining-related\nactivities and other operational and environmental risks inherent in mineral\nexploration and mining-related activities.\n\nAdditional risk factors are discussed under the headings “Forward-Looking\nStatements” and “Risk Factors” in the Company’s Registration Statement\non Form S-1, as amended, filed with the U.S. Securities and Exchange\nCommission on April 24, 2026, the Company’s Canadian prospectus dated April\n29, 2026 filed on SEDAR+, and in other documents filed by the Company with the\nU.S. Securities and Exchange Commission and Canadian securities regulatory\nauthorities. Although the Company has attempted to identify important factors\nthat could cause actual results to differ materially from those described in\nforward-looking statements and forward-looking information, there may be other\nfactors that cause results not to be as anticipated, estimated or intended.\nReaders are cautioned not to place undue reliance on forward-looking\nstatements and forward-looking information, which speak only as of the date of\nthis news release. Except as required by applicable law, the Company\nundertakes no obligation to update or revise any forward-looking statements or\nforward-looking information, whether as a result of new information, future\nevents or otherwise.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260622167188/en/\n(https://www.businesswire.com/news/home/20260622167188/en/)\n\nInvestor Relations\n\nSilver Bow Mining Corp.\n\nEmail: ir@silverbowmining.com (mailto:ir@silverbowmining.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-06-22T12:30:00.593735653Z","server_sent_at_ms":1782131400593},"received_at":"2026-06-22T12:30:00.656Z","source_url":"https://www.businesswire.com/news/home/20260622167188/en/"},"analysis":{"id":"59091","press_release_id":"69694","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":[],"eventType":"operations_update","narrative":"Silver Bow Mining reported initial assay results from the first two holes of its 25,000-foot drill program at the Rainbow Block Project, confirming significant critical minerals enrichment and vein extensions beyond the current inferred resource estimate.\n\nDrill holes SBM26-01 and SBM26-02 intercepted high-grade mineralization, including 7.0 feet grading 16.1 oz/t silver and 11.9 feet of 11.23% zinc with 9.38 ppm indium, validating the geological model.\n\nManagement stated the results de-risk the expansion strategy and mobilized two additional drill rigs to accelerate resource growth.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"High-grade intercepts validate Rainbow Block model and trigger rig acceleration."},"keyFigures":{"customDimensions":{"program_length_feet":25000,"zinc_intercept_grade":"11.23%","drill_holes_completed":2,"indium_intercept_grade":"9.38 ppm","silver_intercept_grade":"16.1 oz/t","current_inferred_resource_tons":"11.48M"}},"quotedText":"The results from SBM26-01 and SBM26-02 strongly validate our geological model for the Rainbow Block vein system,\" said Phillip Nickerson, Vice President of Exploration.","namedEntities":{"people":[{"name":"Phillip Nickerson","role":"Vice President of Exploration"},{"name":"Travis Naugle","role":"Chairman and CEO"}],"products":["Rainbow Block Project","Silver City Vein","Badger Vein","Auraria Vein","Edith May Vein"],"companies":[{"name":"Silver Bow Mining Corp.","ticker":"SBMT"},{"name":"ALS Global","relationship":"independent analytical laboratory"},{"name":"Material Difference","relationship":"technology provider"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"Initial drill results from the first two holes confirm significant vein extensions and high-grade intercepts (Ag, Zn, In) beyond the current inferred resource, validating the geological model and de-risking expansion."},"tickerRelevance":{"others":[],"primary":"SBMT"},"globalImportance":25,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"exploration_success","sectorWeight":"materials"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Silver Bow Mining reported initial assay results from the first two holes of its 25,000-foot drill program at the Rainbow Block Project, confirming significant critical minerals enrichment and vein extensions beyond the current inferred resource estimate.\n\nDrill holes SBM26-01 and SBM26-02 intercepted high-grade mineralization, including 7.0 feet grading 16.1 oz/t silver and 11.9 feet of 11.23% zinc with 9.38 ppm indium, validating the geological model.\n\nManagement stated the results de-risk the expansion strategy and mobilized two additional drill rigs to accelerate resource growth.","key_figures":{"customDimensions":{"program_length_feet":25000,"zinc_intercept_grade":"11.23%","drill_holes_completed":2,"indium_intercept_grade":"9.38 ppm","silver_intercept_grade":"16.1 oz/t","current_inferred_resource_tons":"11.48M"}},"named_entities":{"people":[{"name":"Phillip Nickerson","role":"Vice President of Exploration"},{"name":"Travis Naugle","role":"Chairman and CEO"}],"products":["Rainbow Block Project","Silver City Vein","Badger Vein","Auraria Vein","Edith May Vein"],"companies":[{"name":"Silver Bow Mining Corp.","ticker":"SBMT"},{"name":"ALS Global","relationship":"independent analytical laboratory"},{"name":"Material Difference","relationship":"technology provider"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-22T12:49:54.693Z","global_importance":25,"audience_relevance":20,"importance_components":{"tickerTier":"micro-cap","eventGravity":"exploration_success","sectorWeight":"materials"}},"durationMs":null,"modelName":"george-droid-qwen-72b"}}